SRINAGAR — A person, who had allegedly bought different things from a dealer in south Kashmir’s Shopian district, was sentenced to two years of jail after a cheque worth Rs. 70 lakhs given by him to the creditor bounced.
An official document accessed revealed the identification of the convicted person as Manzoor Ahmad Khanday son of Lassi Khanday, a resident of Barbugh Shopian. He was sentenced to two years of jail besides the imposition of 15 percent of interest on the amount of the cheque from the date of its issuance and held liable to pay the double amount of the bounced cheque.
The convicted (Manzoor) had to pay Rs. 98 lakh to a goods dealer Shabir Ahmad Rather, a resident of Shopian. However, a cheque of Rs. 70 lahks was given to the creditor, which could not be drawn after getting bounced.
Later, the creditor (Rather) filed a case in this regard in Shopian’s local court where several hearings took place. After some period, the court reached a conclusion and held Manzoor convicted in the cheque bounce case, as per the official document.
Besides the imprisonment of two years, the convict has to pay double the cheque amount, with 15 percent interest on the amount from the cheque’s date of issuance till its realization in practical and Rs. 50,000 compensation to the complainant for his litigation expenses.